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Why Bahrain Could Shake World Markets

The conflict in Bahrain may seem small compared to Libya – the country produces only 40,000 barrels of crude oil a day, a tiny fraction of world supply, and it economy is miniscule. But the religious nature of the unrest in the country has some potentially major implications for the world economy. “If the current Sunni regime is …

Stock Plunge, Day Two: How the Dow is Dealing with Japan

It’s more than just what on the floor (Photo: Mike Segar/REUTERS)

For the second day in the row, the US stock market plunged, and then bounced back. Hurt, yes, but shares were not beaten, even as investors had to worry about the double whammy of concerns of nuclear contamination in Japan and a housing report that showed new home …

Economic Indicator: Tooth Fairy Payments Are Up 18%

The national average appearing under the pillows of recently de-toothed children is now $2.52 a pop. That’s up 18% from the average of a year ago ($2.13). And the increase, according the group that conducts this annual poll, is a strong indication that the economy is improving. Either that or the black market for kids’ incisors is as hot as gold.

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